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Today: September 23, 2025

Current Price

$67,168

1 Month Forecast

$79,667

1-Year Forecast *

$85,991

5-Year Forecast *

$106,489

"Is it a good time to buy homes in Elmore?" "Does investing in real estate in Elmore (Minnesota State, Faribault County) worth it?" According to our live Forecast System, buying a house in Elmore is a very good short-term (1-year) investment*. The Elmore average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elmore" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elmore in Minnesota State, Faribault County. If you are looking for homes for sale with good flipping profit, Elmore can be a profitable property investment option. The median price of an average house in Elmore was 67,168 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elmore" area is 106,489 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +58.54% meaning that investing 100000 USD today may yield a profit of 58,541 USD by 2030.

Current Median Listing Price: 67,168 USD Median Listing Price Per Square Foot: 37 USD

Elmore Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elmore (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elmore Price Target

Elmore median home price target in 12 months: $85,991* (upside of 28.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $80,827 $79,563 $79,563 $81,323
2024 $60,596 $67,168 $59,088 $67,168
2023 $59,811 $62,113 $59,811 $63,723
2022 $0 $59,211 $0 $59,211
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Elmore Housing Market Forecast

How much does an average home cost in Elmore today?

The value of an average home (the listing price) in Elmore is $67,168 USD.

What is the average price per square foot in Elmore?

According to Walletinvestor the median price per square foot in Elmore is 37 USD.

Will the median listing price of homes in Elmore grow / rise / go up?

Yes. The Elmore home prices may rise from 67,168 USD to 85,991 USD in one year.

Is it profitable to invest in Elmore homes?

Yes. The long-term profit potential is +28.02% in one year.

Will Elmore house prices fall / drop?

No. See above.

What is the predicted price of a Elmore home in 2030?

The predicted home sales price of a Elmore home in 2030 in Elmore is 106,489 USD.

What is the predicted price of a Elmore home in 2035?

The predicted home sales price of a Elmore home in 2035 in Elmore is 136,651 USD.

Will real estate prices decrease in Elmore?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elmore is the 20993. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Faribault, Elmore increased, looking at the past 12 months.

According to Walletinvestor's Elmore real estate market research, home values will increase in the next 12 months.

Median home values increased by 2.299% to 67,168 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 26.603% in 2020
  • 29.113% in 2021
  • 27.893% in 2022
  • 26.703% in 2023
  • 27.053% in 2024
  • 26.203% in 2025

Based on our Elmore real estate market research and report the predicted sales prices will increase by 1,082.750% in the next 10 years.

Over the last 12 months, the value of homes in Elmore fluctuated: increasing 6 times and decreasing 4 times.

Elmore (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elmore Housing Market Forecast with Real Estate Prices for 2025
August 2025 79667 72019 87314
September 2025 80090 73923 86257
October 2025 80731 74434 87028
November 2025 81497 74488 88506
December 2025 81742 74794 88691
Elmore Housing Market Forecast with Real Estate Prices for 2026
January 2026 81473 77400 85547
February 2026 81443 75986 86899
March 2026 82008 77580 86437
April 2026 82911 76112 89710
May 2026 83611 75584 91637
June 2026 84458 77955 90961
July 2026 85991 79628 92355
August 2026 87552 79322 95782
September 2026 88856 81304 96409
October 2026 89329 83969 94689
November 2026 89226 82445 96007
December 2026 89379 83301 95457
Elmore Housing Market Forecast with Real Estate Prices for 2027
January 2027 89483 83756 95210
February 2027 89548 81757 97338
March 2027 89457 80601 98314
April 2027 88947 80853 97041
May 2027 87650 81777 93523
June 2027 86372 81103 91641
July 2027 85113 78048 92177
August 2027 84803 77849 91756
September 2027 85370 80419 90322
October 2027 86920 79706 94134
November 2027 88498 82392 94604
December 2027 90105 81905 98304
Elmore Housing Market Forecast with Real Estate Prices for 2028
January 2028 91740 86419 97061
February 2028 92283 85085 99481
March 2028 93052 87190 98915
April 2028 93522 87536 99507
May 2028 94405 86758 102051
June 2028 96118 90544 101693
July 2028 96539 88816 104263
August 2028 96708 90229 103188
September 2028 96630 91218 102041
October 2028 96511 88115 104908
November 2028 95664 89733 101596
December 2028 94616 85911 103320
Elmore Housing Market Forecast with Real Estate Prices for 2029
January 2029 94739 87633 101844
February 2029 95242 88575 101909
March 2029 96004 88516 103493
April 2029 96915 88484 105347
May 2029 97207 90792 103623
June 2029 96887 87198 106576
July 2029 96851 88037 105664
August 2029 97523 87868 107178
September 2029 98597 92287 104907
October 2029 99429 93065 105792
November 2029 100437 92100 108773
December 2029 102260 95102 109418
Elmore Housing Market Forecast with Real Estate Prices for 2030
January 2030 104116 96412 111821
February 2030 105667 96897 114438
March 2030 106229 98262 114196
April 2030 106107 97406 114807
May 2030 106288 98210 114366
June 2030 106413 98113 114713
July 2030 106489 98822 114156
August 2030 106382 99041 113722
September 2030 105775 96149 115400
October 2030 104233 97249 111216
November 2030 102713 93058 112368
December 2030 101215 95952 106478
Elmore Housing Market Forecast with Real Estate Prices for 2031
January 2031 100846 90863 110830
February 2031 101521 93400 109643
March 2031 103365 93235 113494
April 2031 105241 98927 111555
May 2031 107152 100830 113473
June 2031 109097 101460 116734
July 2031 109742 101183 118302
August 2031 110657 100477 120837
September 2031 111215 100539 121892
October 2031 112265 101039 123492
November 2031 114303 103559 125048
December 2031 114804 105734 123873
Elmore Housing Market Forecast with Real Estate Prices for 2032
January 2032 115004 103734 126275
February 2032 114911 107442 122380
March 2032 114770 106277 123263
April 2032 113763 103183 124343
May 2032 112516 103290 121742
June 2032 112662 105226 120098
July 2032 113261 105786 120736
August 2032 114168 105605 122730
September 2032 115251 106146 124355
October 2032 115598 105194 126002
November 2032 115217 104387 126048
December 2032 115174 107803 122545
Elmore Housing Market Forecast with Real Estate Prices for 2033
January 2033 115974 109363 122584
February 2033 117250 106346 128155
March 2033 118240 107362 129118
April 2033 119438 110361 128515
May 2033 121606 114918 128295
June 2033 123814 111433 136195
July 2033 125658 114098 137219

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.